The investment objective of the sub-fund is to replicate the performance of the MSCI Europe Select Filtered Min TE (NTR) Index (Bloomberg: MXEUEFMT index) (the “Index”), including fluctuations, and to maintain the Tracking Error between the sub-fund and the Index below 1%. The Index General Description The Index is a European equity index including large and mid-cap securities. The objective of the Index is to build a portfolio with an improved extra-financial profile while minimizing the Tracking Error compared MSCI Europe Index (the “Parent Index”). The components of the Parent Index represent the investment universe (the “Investment Universe”). As a first step, the Index selects securities based on Environmental, Social and Corporate Governance (ESG) criteria (such as environmental opportunity, pollution and waste, human capital, corporate governance, etc.) and based on their efforts to reduce their exposure to coal and unconventional fossil fuels.